faisal-101

faisal-101

with currently no divergence and a bullish trend on bigger TFs it gives strong signals of continuing this trend. Either place an instant buy or wait for the price to touch the trendline and bounce in both cases SL will remain the same which has been marked on the chart

faisal-101

the overall trend is bullish plus the price has got a decent bounce from the Fib golden pocket(0.618) once the price breaks the upper trendline of the bullish flag it will be another major confluence for another bullish rally

faisal-101

the data on unemployment claims is negative for DXY moreover with a bearish trendline and almost perfect head & shoulder pattern it looks like from there the price is going to fall but for confirmation, it has to break the drawn trendline and break that marked support level. I will suggest taking entry for short when the price will take a nice pullback after...

faisal-101

as can be seen, the coin has just completed the price projection of a bullish flag pattern and after that, with a bearish divergence the price is coming downwards there we can find our trade for buy once it touches the trendline because it is respecting that quite nicely

faisal-101

as the coin is simply following Dow theory by making HHs and HLs and it can be seen on the chart that after making a new high it makes a new HL near the drawn trendline so to grab the opportunity wait for the price to come down and as it will make new HL we can enter in the trade

faisal-101

the trendline has been intact for almost 3 months and in that period two out of three times when it touched the trendline we can see a bullish divergence circled ones and it respected the bullish divergence last time quite well and now again the price is right at the trendline which is also acting as support with bullish divergence and overall the trend is also...

faisal-101

1- as it can be seen, a bullish flag pattern gives signs of trend continuation as there is no divergence for now 2- if it doesn't respect the bullish flag the chances are that it will come down to the marked "support1" level which is a good opportunity for buying 3- quite rare but if it breaks the first support level and falls on the market "support 2" level...

faisal-101

The chart shows that the support level has been quite strong for almost one year. So, by making bias on the daily time frame, a couple of good long setups can be found on 4hr or 1hr TFs

faisal-101

after a strong bullish trend price dropped for some time and now the trend is giving signals for a decent bullish rally

faisal-101

The chart shows that the price has not broken the drawn support level and gets a decent bounce. Right now the same scenario is happening so it is an ideal situation to take a long position on ETHUSD

faisal-101

this setup has been chosen based on indices as CXY is in a bearish trend and giving no signs of reversal so its good to look for good sell setup on shorter TFs

faisal-101

The daily timeframe suggests that the price will follow HHs and HLs between marked support and resistance levels. So look for ideal buy trade on shorter timeframes like 4hr or 1hr for good buy setups

faisal-101

daily timeframe suggests that this pair has been in a bearish trend for a long time and still it is. So, an ideal trade would be to ride the bearish trend.

faisal-101

A series of LHs and LLs makes this trend bearish. By simply following Dow theory, a short trade can be taken when the price breaks the recent LL. A short position has been shown on the chart

faisal-101

sell stop order can be a good idea to play this pair on the short side as it can be seen that after making HH whenever it tried to make the new HL it failed and the two broken trendlines is a big confluence of its bearish trend. A short position has been shown on the chart

faisal-101

the overall trend is bullish right now the price has come down a little bit but still there are no major reversal signs of the reversal of trend plus a bullish flag pattern is a major confluence of the bullish rally. By zooming out a bit price projection can also be seen which is equal to the length of the pole of the flag.

faisal-101

simply making LHs and LLs the pair has followed the bearish rally for quite some time. Moreover, there is no sign of a reversal which means it is safe to play on the shorter side by putting the sell stop on the latest LL, stop loss and TP have been marked on the chart

faisal-101

respecting the trendline and getting a bounce from the golden Fib pocket after making a new HL suggesting that it is still bullish and will follow until any major reverse signs. The idea of trade is to instantly buy or wait for the market to come down and then place buy order stop loss ha been put on the recent drawn support level